HubSpot Reports $42.9M In Revenue For Q2 2015 – Up 58% YoY
Company forecasts total revenue to exceed $170M by end of the year.
Inbound marketing and sales software provider HubSpot released its Q2 2015 revenue earnings today, reporting $42.9 million for the quarter ending June 30, 2015 – a 58 percent year-over-year increase.
Subscription revenue was also up 58 percent year-over-year, making up $39.3 million of the company’s total earnings for the quarter. Professional services and other revenue increased 67 percent compared to Q2 2014, representing $3.7 million of total earnings.
HubSpot’s customer count grew to 15,839 – up 36 percent year-over-year, and the average subscription revenue per customer increased from $8,823 to $10,127.
CEO Brian Halligan says its been a transformative year for the company.
“We see our positive growth as a sign that our solve-for-the-customer mentality is working and that our marketing and sales products are in turn helping our customers grow their businesses,” said Halligan.
The company forecasts total revenue for 2015 to be in the range of $171.7 million to $173.7 million.
HubSpot Q2 2015 Earnings Report
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